How to solve

Crane Merchandise planned to produce $40,000$ fleece jackets in its Metairie, Louisiana, factory. Fixed overhead costs for the factory were budgeted to be $$500,000.$ The company actually spent $$510,000$ on fixed overhead and produced $39,000$ jackets.

Calculate the fixed overhead spending variance. $($If variance is zero, select "Not Applicable" and enter O for the amounts.$)$

Fixed overhead spending variance

$ $$

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Not Applicable

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